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Home Buying in 45251 : Real Estate Advice

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  • Home Buying7
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Activity 6
Sun Mar 9, 2014
Terry McCarley answered:
It may sell at the sheriff sale or the bank may take the home back. I recommend you contact an attorney regarding this as laws vary from state to state and real estate agents aren't qualified to give legal advice. ... more
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Fri Sep 20, 2013
Mark Richardson answered:
Give me a call. Our rates and fees are some of the best in the market
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Mon Aug 20, 2012
Jennifer McGillis answered:
Hi Music!

James is correct, limiting yourself by only looking at Rentals may not do you much good if you looking to lease (rent) for a short term then purchase that property a little bit later. Your options increase tremendously if you begin your search with properties that are willing to Lease with the Option to purchase after a certain amount of time.

On a side note, our family moved from the coast of NC to Cincinnati about 6 years years ago :) Welcome to Ohio!! Let me know if I can help.....

Take care,
Jennifer McGillis
513-344-9077
... more
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Mon May 24, 2010
Scott Godzyk answered:
Christie if you would like to buy a property at the foreclosure auction you will need to do some homework.

1. First thing is you need to do a title search to see if there are any liens, back taxes or a 2nd mortgage,
(When you buy at auction the buyer is responsible for all of these)
2. You need to have your financing in order, there is no financing contingincy
3. You need to inspect as much of the house before as possible, it is purchase as is and has no inspection contingincy.
4. You really want the house to be vacant, you would be responsible for evicting any occupant
5. You will need to read the term sof teh auctio, most auctions you will need a cashiers check of $5000 to $20000 in order to even bid.

In closing foreclosure auction are not for the average buyer, most foreclosure auctions end up with teh bank buying it back as they owe too much and there ae no bids over the mortgage amount. If they do sell they are experienced cash buyers.

Your best bet for a bargain is to purchase it after the bank talkes it back, they then clear the title, evict the occupand and even clean the property

good luck with your auction
... more
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Thu Apr 16, 2009
Pamela Shipley answered:
In Ohio, your mobile home does NOT have to be in a park. It just cannot be affixed to the land. You can own the land, as long as the mobile still has axles and a title and no permanent foundation (block), it is still considered personal property like an automobile. There are lots of folks living in mobile homes in the Brown, Clermont and Hamilton County areas of Ohio that are on land that is deeded to them, but are not permanently affixed to that land. If you would like more information or information on buying foreclosed properties and available loan programs, please do not hesitate to contact me. pam.shipley@realliving.com ... more
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Tue Mar 24, 2009
Susan Hale answered:
Nationwide there is a First Time Homebuyer stimulus money offered by the government. Persons who qualify are: First Time Homebuyers or a purchaser who has not owned a house for the past 3 years.
The amount is 10% of the sale price of house purchased w/a maximum of $8,000.

The restrictions are:
1)The home purchaser must be the occupant,.
2)Required to live in the property at least 3 years or a percentage penalty of the funds received are due back
to the government
3)Purchase a house between January l - December lst 2009.
4) Funds are received in the form of a tax credit thru your income tax return. If you already filed your 2008
taxes you can file an amendment to receive your check. OR you can apply the free money toward your
2009 tax return if you know you will be owing money. If you have any credit left over after owing, you receive
a personal check for the difference.

Visit this government website for complete details: www.federalhousingtaxcredit.com. In May possibly there will be another program which assists with down payment money " Welcome Home loan." Inquire with your local banker to see if they will be involved in this assistance.
Susan Hale,
ReMax Realty of Defiance
... more
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